7
  1. He squandered the money in gambling.
  2. He squandered the money on gambling.

I think in gambling is correct, but when I speak on gambling, that also sounds correct. I think both are correct.

If it is so, what is the difference?

5

Gambling is the action he's taking. So you'd simply say:

He squandered money gambling.

Which has an implied while in it, and could also be written:

He squandered money while gambling.

Or:

He squandered money with his gambling.

"He squandered money on gambling", as you suggested in your question, is also correct. Instead of gambling being an action, in this sentence it's the noun of the concept of gambling in general.

You can't say "He squandered money in gambling", though; to squander money on is to waste money for the purpose of... So on makes sense here. In just doesn't apply.

  • I think while could have a slightly different meaning. while gambling could mean that he didn't necessarily gamble his money away but rather spent it frivolously during the time he was gambling- maybe trying to hit on the waitress or something. – Jim Mar 2 '13 at 16:34
3

"He squandered the money on gambling" is correct, as is "He squandered the money in a Las Vegas casino", as is "He squandered the money gambling". All idiomatic American English. Other varieties may have different ways of saying it.

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